Worlds Biggest Funds

Latest News for: Worlds biggest funds

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Platinum: the precious metal that looks set to play catch-up with silver and gold

Moneyweek 07 Aug 2020

investors fearful of having missed out on the gold rush could turn to platinum ... Gold has continued to soar this week ... Also, the holdings in exchange-traded funds have surged. The biggest gold ETF in the world (SPDR Gold Shares) now holds more gold than several central banks, including the UK, although it still has a way to go to reach US levels ... ....

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Oil Price Fundamental Daily Forecast – Gloomy Demand Outlook Weighs on Prices

FX Empire 06 Aug 2020

Earlier in the week, the International Monetary Fund (IMF) said it expected crude oil demand to record an 8-percent decline this year ... central bankers said the resurgence in cases was slowing the economic recovery in the world’s biggest oil consumer....

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Weird things world’s top billionaires have in common

Las Vegas Review-Journal 04 Aug 2020

Jim Simons, who is the highest-earning hedge fund manager of 2019, according to Forbes, has a doctorate from UC Berkeley, and Ray Dalio, the founder of the world’s biggest hedge fund firm, Bridgewater Associates, has an MBA from Harvard ... charitable organization in the world....

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Decreasing purchasing power pushes Turks toward ‘Syrian gold’

Arab News 04 Aug 2020

ANKARA ... Turkey’s central bank became the world’s biggest official-sector buyer of gold in June, according to International Monetary Fund figures ... As per the figures published by the World Gold Council, total central bank gold purchases were 139 tons in the first four months of 2020, with the lion’s share of these, 111 tons, coming from Turkey .......

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CX Daily: Microsoft Continue Talks to Buy TikTok in U.S.

Caixin Online 04 Aug 2020

With a valuation of roughly $200 billion, Ant is the world’s most valuable tech startup ... Rooted in Alipay, Alibaba’s payment platform set up in 2004, Ant has grown into an elephant-sized juggernaut that owns the world’s largest payment service and runs the biggest money-market fund....

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Blockchain & Cryptocurrency Regulation in China in 2020

Changelly 04 Aug 2020

For instance, the municipality of Hangzhou, the capital of Zhejiang province, plans to invest 10 billion yuan ($1.5 billion) in one of the world’s biggest blockchain funds ... It didn’t come as a surprise to the world crypto community, as the Chinese government had been laying the groundwork for relevant technology for several years....

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Cover Story: How Ant Grew Into an Elephant-Sized Behemoth

Caixin Online 02 Aug 2020

Its planned dual listing in Hong Kong and on Shanghai’s high-tech STAR Market could be the biggest initial public offering (IPO) in the world this year ... Rooted in Alipay, Alibaba’s payment platform set up in 2004, Ant has grown into an elephant-sized juggernaut that owns the world’s largest payment service and runs the biggest money-market fund....

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Are your deposits quietly funding fossil fuels? Not with this new type of account.

Boing Boing 01 Aug 2020

And we certainly don’t trust MegaCorp X to be a responsible steward of our funds to make the world a better place. For example, the four biggest global backers of fossil fuels are all U.S banks1. ... Aspiration isn’t a bank ... And Aspiration promises your deposits will never go towards funding fossil fuel projects or firearm manufacturers ... Visit fdic.gov ... ....

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Study finds dangerous mercury levels in Amazon fish

Deccan Herald 30 Jul 2020

Scientists from the World Wildlife Fund's (WWF) Brazil office and three Brazilian research institutes found startling levels of mercury in more than 400 fish collected in five regions of Amapa, on the border with French Guyana ... Activists say that will only accelerate the destruction of the world's biggest rainforest ... World Wildlife Fund. Mercury. Fish....

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Gold prices today rise for 10th day in a row, silver rates drop

Live Mint 30 Jul 2020

Gold prices today moved higher in Indian markets, extending gains to the 10th day. On MCX, August gold futures were up 0.21% to ₹53,300 per 10 gram ... Investors continued to pile into gold-backed exchange-traded funds or gold ETFs, with holdings in the SPDR Gold Trust, the world's biggest gold-backed ETF, at an over seven-year peak ... ....

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Billionaire ordered to pay £270m to charity after divorce settlement

The Observer 29 Jul 2020

Hedge fund billionaire Sir Chris Hohn has been ordered to pay £270m to a charity setup by his ex-wife in the latest chapter of their acrimonious divorce ... It is one of the biggest charities in the world with assets of about $4bn, mostly resulting from the profits of Hohn’s hedge fund ... Hedge fund boss pays himself £200m despite fund's profits falling....

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Africa: Why African Countries Are Reluctant to Take Up Covid-19 Debt Relief

All Africa 29 Jul 2020

... biggest lenders for more than 25 African countries....

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AP PHOTOS: Malaysia ex-leader convicted in corruption trial

Yahoo Daily News 28 Jul 2020

KUALA LUMPUR, Malaysia (AP) — Former Malaysian Prime Minister Najib Razak was found guilty Tuesday in his first corruption trial linked to one of the world’s biggest financial scandals — the billion-dollar looting of the 1MDB state investment fund....